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Amryt Pharma (Amryt Pharma) Gross Margin % : 44.86% (As of Sep. 2022)


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What is Amryt Pharma Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Amryt Pharma's Gross Profit for the three months ended in Sep. 2022 was $27.4 Mil. Amryt Pharma's Revenue for the three months ended in Sep. 2022 was $61.1 Mil. Therefore, Amryt Pharma's Gross Margin % for the quarter that ended in Sep. 2022 was 44.86%.

Warning Sign:

Amryt Pharma PLC gross margin has been in long-term decline. The average rate of decline per year is -7.1%.


The historical rank and industry rank for Amryt Pharma's Gross Margin % or its related term are showing as below:

AMYT' s Gross Margin % Range Over the Past 10 Years
Min: 33.36   Med: 54.49   Max: 63.35
Current: 47.86


During the past 12 years, the highest Gross Margin % of Amryt Pharma was 63.35%. The lowest was 33.36%. And the median was 54.49%.

AMYT's Gross Margin % is not ranked
in the Drug Manufacturers industry.
Industry Median: 46.405 vs AMYT: 47.86

Amryt Pharma had a gross margin of 44.86% for the quarter that ended in Sep. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Amryt Pharma was -7.10% per year.


Amryt Pharma Gross Margin % Historical Data

The historical data trend for Amryt Pharma's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amryt Pharma Gross Margin % Chart

Amryt Pharma Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.95 63.35 33.36 34.82 52.32

Amryt Pharma Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.76 46.77 47.95 51.32 44.86

Competitive Comparison of Amryt Pharma's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Amryt Pharma's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amryt Pharma's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amryt Pharma's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Amryt Pharma's Gross Margin % falls into.



Amryt Pharma Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Amryt Pharma's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=116.4 / 222.543
=(Revenue - Cost of Goods Sold) / Revenue
=(222.543 - 106.119) / 222.543
=52.32 %

Amryt Pharma's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=27.4 / 61.126
=(Revenue - Cost of Goods Sold) / Revenue
=(61.126 - 33.703) / 61.126
=44.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Amryt Pharma  (NAS:AMYT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Amryt Pharma had a gross margin of 44.86% for the quarter that ended in Sep. 2022 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Amryt Pharma Gross Margin % Related Terms

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Amryt Pharma (Amryt Pharma) Business Description

Traded in Other Exchanges
N/A
Address
196 High Road, Dept 920A, Wood Green, London, GBR, N22 8HH
Amryt Pharma PLC is a specialty pharmaceutical company. It is focused on developing and delivering new treatments to help improve the lives of patients with rare or orphan diseases. It holds an exclusive license to sell Lojuxta (lomitapide) for adults, across the European Union and other territories including the Middle East, North Africa, Turkey and Israel. Lojuxta is used to treat a rare life-threatening disease called Homozygous Familial Hypercholesterolemia. Myalept (metreleptin) is an adjunct to diet as replacement therapy to treat the complications of leptin deficiency in patients. It derives most of the revenue from the European Economic Area (EEA).

Amryt Pharma (Amryt Pharma) Headlines